PROFILE OF LION INSURANCE COMPANY

 ESTABLISHMENT 

Lion Insurance Company S.C. is established by over 300 prominent business people and compatriots on June 2007.  

CAPITAL STRUCTURE 

Established with a Paid-up capital of over Birr 16 million and Subscribed Capital of over Birr 66.4 million, Lion Insurance Company (S.C.) has strong financial capacity from the outset. Now its paid-up capital reached over Birr 100 million & a subscribed capital of Birr 200 million. 

 

OBJECTIVE 

Undertake and carry general insurance activities, life insurance, retirement insurance,

        medical insurance, personal accident insurance and reinsurance service .

Enter into Co-insurance and Re-insurance contracts on the business the Company transacts.

Engage in any other business/ investment activities   to enhance the accomplishment of company objectives.

Provide consultancy and training services.

Engage in other activities incidental to the Company’s objectives.

STRUCTURE 

The Company is organized with three decision making layers: 

General Assembly - Ultimate decision  makers on all decisive issues of the Company;

Board of Directors - Policy makers of the Company;

Management - Executives of policies and decisions of the Company.

 The Management team with all employees of the Company are highly dedicated, experienced and  also known for their initiation and concern for customers.

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